Market Intelligence · NV / Reno

Reno, NV 89512 Housing Market

The typical home value in Reno's 89512 ZIP is $360,860, down 0.6% over the past year. The median list price sits at $232,500, with homes taking a median of 51 days to sell.

Updated August 2026Median value$361K

The median home value in Reno, NV 89512 is $361K as of August 2026, up 0.1% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 89512 range

$332K to $390K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+0.1% over 12 months

Typical home value in 89512 over the last 12 months: $360K in Aug 2025 to $361K in Aug 2026 (+0.1%).

Aug 2025$360K

Aug 2026$361K

The numbers

What is the 89512 housing market like?

Typical home value

$361K

Up0.1%YoY

Median list price

$233K

Up2.8%MoM

Days on market

51

Up8.5%MoM

Homes for sale

30

Down3.2%MoM

Price cuts

17.4%

Up3.0%MoM

New listings

16

Down11.1%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 89512 home prices compare?

  • 89512$360,675
  • Reno$563,078
  • Nevada$415,320
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Reno: 12 ZIPs; Nevada: 133 ZIPs; United States: 26,265 ZIPs).

Context

There are 30 homes for sale in this area as of August 2026, with 16 new listings recently added to the market. The median days on market of 51 suggests moderate buyer interest. Nearly 17.4% of listings have seen a price cut, which reflects the softer conditions. Inventory is lean but not tight. For sellers, the combination of flat-to-declining values and price cuts on roughly one in six homes means pricing strategy matters more than ever.

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